Compare Old vs New Regime, estimate your ITR refund, and plan your wealth — all in one place. Free forever.
Open Calculator →Every year, millions of Indian salaried employees struggle with the same questions: Which tax regime is better for me? Will I get a refund? Am I saving enough?
Most tax calculators are either too simple (just slabs) or hidden behind expensive CA consultations. We built myartha.in to give every Indian the clarity they deserve — for free, in their own hands, with their own data staying private on their own device.
Artha is Sanskrit for wealth, prosperity, and purpose — the second of the four aims of life in Indian philosophy.
⚠ Disclaimer: myartha.in is a self-help tool for informational purposes only. It does not constitute financial, tax, or investment advice. Calculations are estimates based on publicly available tax rules and may not reflect every individual's exact situation. Please consult a qualified Chartered Accountant for personalised tax advice before filing your ITR.
New Regime is better for most salaried employees whose total deductions are below ₹3.75 lakh. Old Regime is better if you claim HRA exemption, 80C investments (₹1.5L), 80D health insurance, and home loan interest — all together exceeding ₹3.75L. The Artha calculator shows you both regimes side by side with your exact salary so you can decide instantly.
Yes. Under Section 87A rebate for FY 2025-26, if your taxable income (after ₹75,000 standard deduction) is up to ₹12 lakh, your tax liability becomes zero. This means gross salary up to approximately ₹12.75 lakh per year is effectively tax-free under the New Regime.
The standard deduction under the New Regime is ₹75,000 for FY 2025-26. This was increased from ₹50,000 in Budget 2024. Under the Old Regime, the standard deduction is ₹50,000.
HRA exemption under the Old Regime is the minimum of three values: (1) Actual HRA received from employer, (2) Rent paid minus 10% of basic salary, (3) 50% of basic salary for metro cities (Mumbai, Delhi, Kolkata, Chennai) or 40% for non-metro cities. Artha calculates this automatically when you enter your salary breakup and annual rent paid.
Your ITR refund = TDS deducted by your employer (from Form 16) minus your actual computed tax liability. If TDS deducted is more than your actual tax, you get a refund. Enter your Form 16 TDS amount in Artha's Deductions section to instantly see your estimated refund or balance tax payable.
Section 80C deduction limit is ₹1.5 lakh per financial year — available only under the Old Regime. It covers EPF, PPF, ELSS mutual funds, LIC premiums, NSC, 5-year FD, ULIP, and children's school tuition fees. Section 80C is not applicable under the New Regime.